Home Options NVDAReports

NVDA

NVIDIA CorporationClose $225.83EOD only

Max Pain

$195.00

Next expiry May 15, 2026

Expected Move

±$7.01

3.1% from close

Price Gap

-30.83

Distance to max pain

IV Rank

100

High premium

P/C OI

0.82

Slightly call-heavy

Consensus

7.0/10

Bullish tilt

Published snapshot: May 13, 2026 close

End-of-day snapshot

This page reflects NVDA options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

May 13, 2026 close

NVDA Flow Report

Analysis based on market close May 14, 2026

Directional Theta Gang Flow Earnings Consensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

Flow Verdict

Confidence:

8 / 10

base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 20.9% from MP; +1 VIX 17

Watch next session: 230 put open interest; gamma flip hold

Flow Summary

Net premium: +$2.5B bullish

P/C volume ratio: 0.43

P/C OI ratio: 0.82

Net premium +$2.47B, call-skewed volume (P/C 0.43). Unusual put buys at 230-235 strikes suggest hedging, not bearish conviction. Bullish flow regime intact with pinning gamma near spot. Confidence high.

Notable Prints

NVDA 2026-05-15 $232.50 Put

Vol: 108,688

OI: 405

Vol/OI: 268.4x

IV: 33.9%

Notional: ~$11.5M

Intent: Bearish speculation

Dual read: Hedge

Read-through: Expects drop near expiry

NVDA 2026-05-18 $230.00 Put

Vol: 22,094

OI: 229

Vol/OI: 96.5x

IV: 31.5%

Notional: ~$2.8M

Intent: Early week put buying

Dual read: Delta hedge

Read-through: Weakness expected

NVDA 2026-05-15 $230.00 Put

Vol: 130,754

OI: 2,079

Vol/OI: 62.9x

IV: 34.3%

Notional: ~$6.7M

Intent: Protective put

Dual read: Opens for profit taking

Read-through: Support at 230

NVDA 2026-05-15 $235.00 Put

Vol: 92,382

OI: 2,635

Vol/OI: 35.1x

IV: 34.6%

Notional: ~$18.7M

Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

NVDA 2026-05-22 $232.50 Put

Vol: 3,223

OI: 150

Vol/OI: 21.5x

IV: 62.6%

Notional: ~$2.4M

Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

Institutional Positioning

Call additions: Active call buying at $230 (Jun) and $335 (May) strikes, net $2.47B premium bullish, but $335 call is lottery-like (91% IV, tiny OI).

Put additions: Heavy put accumulation at $227.5-$235 May 15/18 strikes, vol/OI ratios 15-268x.

GEX/DEX consistency: GEX +$930M and DEX +545M shares both positive, aligning with bullish flow.

OI clusters: Large OI at $227.5-235 put strikes; gamma flip at $190 suggests downside hedging cluster.

Hedging evidence: Put activity on May 15/18 near spot suggests collar/hedge positioning amid high vol.

Max pain context: Spot above MP (~20.9%), positive gamma pinning limits downside, MP path lower.

Signal vs Noise

~Signal: May 15 $230/232.5/235 puts with >30x vol/OI ratio; real hedging or bearish bets.

~Signal: June $230 call with 19x ratio; upside conviction despite short expiration.

~Noise: $90 put (193% IV, tiny OI) and $335 call (91% IV) are lottery-like, not institutional.

Key Conclusions

📈Bullish flow confirmed by net $2.47B premium and positive GEX/DEX; spot likely pinned near current levels.

⚠️Heavy put accumulation at $227.5-235 signals caution; watch for break of gamma flip at $190.

How to Use These Reports

This flow reflects the market close on May 14, 2026.

What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.